Essays about: "Impulse response functions"

Showing result 1 - 5 of 50 essays containing the words Impulse response functions.

  1. 1. RBC with Endogenous Health

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Linnéa Ekberg; Rasmus Grehn; [2023]
    Keywords : Business cycle; Health; Health investment; Time allocation;

    Abstract : The purpose of this paper is to contribute to the limited literature on RBC models with endogenous health accumulation. To this end, we develop an infinitely lived agent model with endogenous health, productivity shocks, and health shocks. Health is conceptualized as a capital stock in accordance with the Grossman model. READ MORE

  2. 2. Oil Price Pass-Through in the EMU. An empirical study of the role of energy for oil price pass-through to inflation and inflation differentials

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Evy Dufvenberg Ivarsson; Sofia Berg; [2022]
    Keywords : Inflation level; Inflation differentials; The EMU; OLS regression; Local projections; Impulse response functions; Oil price inflation; Energy; Business and Economics;

    Abstract : This paper examines the relationship between oil prices and its pass-through to inflation and inflation differentials in the European Monetary Union from the first quarter of 1999 to the last quarter of 2021. By using local projections to derive impulse response functions of an oil price shock, the pass-through to the inflation level is examined focusing on the role of energy-related transmission channels. READ MORE

  3. 3. The Great Appreciation : Impact of Sentiment Shocks and Macroprudential Policy to Fundamental Price Spreads in Scandinavian Housing Markets

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Anton Kronholm; Henrik Lättman; [2022]
    Keywords : Residential real estate; Housing market; Fundamental housing price; Sentiment; Policy; Scandinavia;

    Abstract : This paper aims to investigate whether changes in economic sentiment and major policy shifts have had any significant impact on Scandinavian real housing prices relative their fundamental value post year 2000. Fundamental housing price indices for each constituent of the region are estimated from macroeconomic fundamentals in a VAR framework. READ MORE

  4. 4. The dynamic effects of fiscal consolidations on income distribution: evidence for Spain over 1980-2020

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : David Sarasa Flores; [2022]
    Keywords : Local Projections; fiscal consolidation; income inequality; narrative approach; Business and Economics;

    Abstract : Based on the Spain’s annual and quarterly time series from 1980 to 2020, this paper presents the first case study on the dynamic effects of fiscal consolidation episodes on income distribution and the mechanisms driving the specific dynamics of the distribution. By estimating impulse response functions via Local Projections by Jordà (2005), I find supportive evidence of the increase in income inequality in the aftermath of consolidation episodes. READ MORE

  5. 5. Let's get fiscal!

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : David Grahn; Stefania Mammos; [2022]
    Keywords : Fiscal policy; zero lower bound; private consumption; durable goods; non-durable goods; government spending; BSVAR; Business and Economics;

    Abstract : This thesis studies the effect on private consumption and its components by durability, following an exogenous shock to government spending, in Denmark and Sweden. In order to compare the outcomes when being at the zero lower bound (ZLB) or not, the quarterly data ranging from 1995 to 2020, is split into two sub-samples. READ MORE